Core consumer prices in Philippines increased 3.20 percent in September of 2020 over the same month in the previous year.

Core Inflation Rate in Philippines averaged 3.79 percent from 2001 until 2020, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Phillipine Statistics Authority

Core Inflation Rate in Philippines is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Philippines to stand at 3.50 in 12 months time. In the long-term, the Philippines Core Inflation Rate is projected to trend around 4.00 percent in 2021, according to our econometric models.

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Philippines Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.10 7.25 1.40 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 01:00 AM Jun 3% 2.9% 3.0%
2020-08-05 01:00 AM Jul 3.3% 3% 3.1%
2020-09-04 01:00 AM Aug 3.1% 3.3% 3.1%
2020-10-06 01:00 AM Sep 3.2% 3.1% 3.2%
2020-11-05 01:00 AM Oct 3.2% 3.1%
2020-12-04 01:00 AM Nov 3.0%

Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.40 62.80 -2.10 percent [+]
Inflation Rate Mom 0.10 -0.20 8.80 -4.50 percent [+]
Consumer Price Index CPI 123.40 123.30 123.50 1.00 points [+]
Core Consumer Prices 123.60 123.20 123.60 59.24 points [+]
Core Inflation Rate 3.20 3.10 7.25 1.40 percent [+]
GDP Deflator 99.90 100.50 199.02 12.87 points [+]
Producer Prices 130.04 130.30 180.70 81.10 points [+]
Producer Prices Change -3.30 -3.90 17.50 -10.00 percent [+]
Food Inflation 1.50 1.80 17.30 -0.90 percent [+]
Export Prices 89.18 98.75 133.52 8.57 points [+]
Import Prices 92.00 99.42 138.30 11.46 points [+]
CPI Housing Utilities 114.10 114.40 114.70 97.90 points [+]
CPI Transportation 115.00 112.70 115.00 91.90 points [+]


Philippines Core Inflation Rate
In Philippines, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.